planners relieved by report, outraged by asic, page-3

NZ play goes on....Capital and Merchant..

http://www.3news.co.nz/Former-finance-directors-deny-theft-charges/tabid/421/articleID/251548/Default.aspx

for story and video...
continues here....

http://www.stuff.co.nz/business/money/6916728/Capital-Merchant-directors-in-court

(just one domino,imo.)

Notice the Saint John report was on topic of compensation for investors but fell short..

Where is there the expertise to oversee the 'whole domino board' .. good to perfect each domino and make it stand up but if that funding/rug gets pulled through market crash, margined stock or credit squeeze etc....good dominos will fall anyway,imo.


http://www.smh.com.au/business/inquiry-knocks-back-investor-safety-net-20120507-1y8z6.html

Some TV news coverage re Trio etc asks the question re risks that invested super may still face.